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Dec 26, 2012
12/12
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CNNW
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who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l pirti byewee o le3% to a f owfo t utestates. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not in its first day as a trading company. questions about nasdaq and the company's ability to make money on mobile users pummeled the stock which has yet to climb back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo, who announced she was just going to take a two-week maternity leave as she tried to turn the company around. looks like a mother's touch is just what yahoo needed. >> number six, mother nature. a drought in the midwest th
who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l...
210
210
Dec 26, 2012
12/12
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CNNW
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eye 210
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who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than a few mentions in the presidential campaign. probably because it's pretty clear china is boast a competitor and a partner. >> number four, europe. the european union was frared by too much debt and the austerity plan to fix it. that saga is far from over. number three, the housing market, finally, finally bottomed out. the combination of low home prices and continued record-low mortgage rates set off a building and buying spree. well heeled investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years, as long as they had a hefty downpayment. >>
who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than a few mentions in the...
111
111
Dec 26, 2012
12/12
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CSPAN2
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eye 111
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was completely destroyed by superstorm sandy and we need to replace it. it was filled with water from floor to ceiling, corrosive saltwater which damaged everything. the last thing we want to do is to come back to congress for another $600 million after the next storm hits but we will we have to. it is in the best interest of american taxpayers to protect this critical stage in and other infrastructure elements of the large investments can be wisely spent. as superstorm sandy demonstrated, when the mta to stem a largest regional economy shutdown. it is critical that we make the necessary investments to protect the station and other critical infrastructure elements. our needs are great but more than the new york store your new york need. this is a national issue. a national need. we need the federal government's help not only to get us on the road to recovery but to protect these critical assets in the future. once again, thank you for holding this import hearing and giving me the opportunity to testify today. i will answer any questions later. .. >> our t
was completely destroyed by superstorm sandy and we need to replace it. it was filled with water from floor to ceiling, corrosive saltwater which damaged everything. the last thing we want to do is to come back to congress for another $600 million after the next storm hits but we will we have to. it is in the best interest of american taxpayers to protect this critical stage in and other infrastructure elements of the large investments can be wisely spent. as superstorm sandy demonstrated, when...
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195
Dec 26, 2012
12/12
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KPIX
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eye 195
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superstorm sandy and the looming fiscal cliff disrupted the shopping season. >>> and if you are returning my holiday gifts, have your right and a lot of patience. usa today reports 14 of 25 on-line retailers in one study are issuing refunds slower than last year. for in-store returns some retailers have shortened return windows and are charging restocking fees, especially for technology. >> thanks. >>> straight ahead on your morning wednesday news, weather is coming up, and lebron james takes it to the oklahoma city thunder in a rematch of the nba final. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ ♪ i got it made, i got it made ♪ ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say ♪ [ male announcer ] at subway, you got it made. try a steak, egg white & cheese, tricked out any way you want. subway. eat fresh. but the acidic levels in some foods can cause acid erosio
superstorm sandy and the looming fiscal cliff disrupted the shopping season. >>> and if you are returning my holiday gifts, have your right and a lot of patience. usa today reports 14 of 25 on-line retailers in one study are issuing refunds slower than last year. for in-store returns some retailers have shortened return windows and are charging restocking fees, especially for technology. >> thanks. >>> straight ahead on your morning wednesday news, weather is coming up,...
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142
Dec 26, 2012
12/12
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FBC
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eye 142
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giving you a lot of reasons for this most of which they seem to believe was superstorm sandy that hit the big shopping areas and 5 lot of the big -- a lot of the big population centers on the east coast, and people there in new york, new england did not shop, and that was sufficient enough to bring down the numbers nationwide. there was a built of a rebound prior to christmas, but not enough to put us back on track for what the national retail federation says is their prediction for the holiday shopping season. 4.1% growth over last year, $586 billion season, but others say, no, nrf is off, and, in fact, shopper trek on monday revised from 3.3% to 2.5% growth. expect to see big sales, especially when you consider, nrf says, i think, that retailers make anywhere from 20% to 40% of revenue in the holiday shopping season, could be bad news for a lot of people. ashley: could indeed. adam, thank you very much. >> yep. ashley: there's a holiday hangover today, no doubt about, that but they have to help customers know when a sale is a sale. scott, bbc capital markets retail analyst joining m
giving you a lot of reasons for this most of which they seem to believe was superstorm sandy that hit the big shopping areas and 5 lot of the big -- a lot of the big population centers on the east coast, and people there in new york, new england did not shop, and that was sufficient enough to bring down the numbers nationwide. there was a built of a rebound prior to christmas, but not enough to put us back on track for what the national retail federation says is their prediction for the holiday...
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52
Dec 26, 2012
12/12
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FBC
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eye 52
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sandy. >> right. adam: at the end. day are consumers pulling back? doesn't matter if it was the storm or fear they're pulling back, right. >> that was a real good point you made. mastercard said this these numbers were becoming a concern for the consumer back in october. the national retail federation had projected holiday sales would go up about 4.1%. adam: yep. >> that is some growth but it is nowhere near the 5.6% we saw last year. there is a little bit of a slowdown. also we have to look at the consumer sentiment numbers. it is coming in at the month of december around 72 points. that is 10 points less than at its high in july. so we're definitely seeing that consumer slowdown happen even way before the fourth quarter. adam: you're with the nrf. you're with the national retail federation, are you not. >> no. i'm an independent analyst. adam: excuse me. a lot of people like the nrf but what are the repercussions whether for the nrf or anybody? nrf, they're sticking to it. they're not revising their
sandy. >> right. adam: at the end. day are consumers pulling back? doesn't matter if it was the storm or fear they're pulling back, right. >> that was a real good point you made. mastercard said this these numbers were becoming a concern for the consumer back in october. the national retail federation had projected holiday sales would go up about 4.1%. adam: yep. >> that is some growth but it is nowhere near the 5.6% we saw last year. there is a little bit of a slowdown. also...
470
470
Dec 26, 2012
12/12
by
CNNW
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eye 470
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sandy. investors are still concerned about the looming fiscal cliff. >>> blizzard warning in up to six states. in arkansas the national guard has been called to provide ambulance service for residents. heavy snow and strong winds will lead to whiteout conditions across the ohio river valley. the heaviest snow is expected to move into western pennsylvania and new york state this afternoon. >>> hundreds of american families wanting to adopt russian children may have their dreams dashed. they have given final approval for a ban on such adoptions, seen as payback for a recently signed u.s. law imposing travel and financial restrictions on human rights abusers in russia. >>> there are six days left until the u.s. crosses over the so-called fiscal cliff. in case washington doesn't make a deal we're doing our best to get you ready. every day we're taking a look at how the fiscal cliff if we go off the fiscal cliff how that will affect you from the increase in your tax bill to planning for your reti
sandy. investors are still concerned about the looming fiscal cliff. >>> blizzard warning in up to six states. in arkansas the national guard has been called to provide ambulance service for residents. heavy snow and strong winds will lead to whiteout conditions across the ohio river valley. the heaviest snow is expected to move into western pennsylvania and new york state this afternoon. >>> hundreds of american families wanting to adopt russian children may have their dreams...
213
213
Dec 26, 2012
12/12
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CNNW
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eye 213
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another factor, a spending poll says superstorm sandy hit sales in the mid-atlantic region in early november. after-christmas spending should help a bit, but the impact is limited because a lot of people using gift cards and making returns. the national retail federation says we typically return $60 billion worth of merchandise after christmas, so early indications seem to show that holiday sales are looking like the rest of the economy, growing but not outstanding. joe? >> alison kosik. >>> as it comes to a close, we remember 2012 as a year of surprises. a south korean rapper gets newfound fame thanks to youtube and rihanna and chris brown back together again? cnn's top ten showbiz stories of the year are just ahead. i spend long hours with her checking her heart rate, administering her medication, and just making her comfortable. one night britta told me about a tradition in denmark, "when a person dies," she said, "someone must open the window so the soul can depart." i smiled and squeezed her hand. "not tonight, britta. not tonight." [ female announcer ] to nurses everywhere, thank you,
another factor, a spending poll says superstorm sandy hit sales in the mid-atlantic region in early november. after-christmas spending should help a bit, but the impact is limited because a lot of people using gift cards and making returns. the national retail federation says we typically return $60 billion worth of merchandise after christmas, so early indications seem to show that holiday sales are looking like the rest of the economy, growing but not outstanding. joe? >> alison kosik....